"In 1905, Ericsson won a concession to operate the telephone network in Mexico City and outlying areas. Four years later, an Ericsson subsidiary, Mexeric, took over these operations.

After ITT had purchased the competing company Mexicana in 1925, the two companies battled hard to become the leading, and preferably the only, telecom operator in Mexico.

Following the emergence of ITT as a major owner in Ericsson as a result of the questionable business transaction made by Ivar Kreuger, the two companies initiated negotiations in 1932 regarding their relationship. One result was that Ericsson became a part owner in Mexicana.

The awkward ownership situation, the need for inter-connecting the networks and expansion demands made a merger of the two Mexican telephone operators necessary. Such a solution would have to wait until after World War II, however."

Riktigt hyggligt att räta upp Kreugers tvivelaktiga affärstransaktioner dessutom.

"The launch of the AXE system was the start of a successful period for TIM in the 1980s. The Telmex network was digitalized at an early stage, and Ericsson's AXE system was superior to ITT's corresponding system. TIM also successfully exported AXE systems to Ecuador, Costa Rica, El Salvador and Panama.

In 1989, the first AMPS mobile telephone system was installed in Mexico with Ericsson as the supplier. When the liberalization of both the fixed and wireless telecom market in Mexico in 1997, the number of subscribers increased rapidly.

By the turn of the century, Ericsson had a market share of 55 percent for local calls and 90 percent for long distance calls. The market share in mobile telephony was 64 percent. The number of Ericsson employees in the country was 1,200."